Thai rice exports valued at 23% more than same period last year

From January to April, Thailand’s rice exports reached 2.79 million tonnes, with an estimated total for the year surpassing 8 million tonnes, according to the government. Prime Minister Prayut Chan-o-cha, expressed optimism regarding the exports being valued at US$1.5 billion (51.2 billion baht) revenue, a 23% increase compared to the same period last year, as reported by government spokesperson Anucha Burapachaisri.

Prayut has directed state agencies to actively work on enhancing rice exports and increasing crop production while maintaining high rice prices in overseas markets. Anucha added that Thai rice exports are expected to continue rising due to increasing demand in numerous countries. Thailand currently holds the position of the world’s second-largest rice exporter, following India.

The stable baht in April contributed to the increase in rice…